ALG announced the winners of its 12th annual Residual Value Awards. ALG is the standard in the industry for depreciation data and residual values. The Residual Value Awards honor vehicles in 19 different segments. Two brands are always predicted to keep the highest possible percentage of their MSRP over a period of three years.
The 2011 Hyundai Elantra won the competitive compact segment, winning ALG's highest residual value in its class award. The award is based on all the products for the model year of 2011. Careful study of all the competition, industry trends, and historical vehicle performance are all considered. Key factors that influence the decision are marketing strategies, pricing, and demand as it aligns with production levels.
This win is helpful to Hyundai, as it helps to show how the brand continues to improve its reputation. Advance safety technologies, excellent fuel economy, and other great features combined with a low price have helped make the 2011 Elantra a favorite.
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This sounds great, especially for how hard times are right now.
ReplyDeleteThat's a good thing to know.
ReplyDelete